Markets

As European leaders grapple with a 60% dependency on energy imports and a surge in costs driven by Middle East volatility, the Norwegian Continental Shelf (NCS) has emerged as the continent's most critical

The United Arab Emirates (UAE) officially withdrew from OPEC and the broader OPEC+ alliance effective May 01, ending a 59-year membership that began in 1967.

The US energy sector is navigating a complex period of global supply disruptions caused by the war with Iran.

Following the removal of the previous administration in Jan. 2026, Venezuela’s interim government under Acting President Delcy Rodriguez has enacted a reformed hydrocarbon law.

The 2026 Iran War and Strait of Hormuz paralysis have triggered record supply disruptions and $120/b prices, forcing European energy giants to

The escalation of conflict in the Middle East has decimated tanker traffic through the Strait of Hormuz, pushing global crude inventories toward record lows.

The landscape of South American energy is undergoing a radical shift following the Jan. 2026 US intervention in Venezuela and the resulting escalation of global oil prices.

The current energy crisis has exposed the operational limits of the North Sea, a vital non-OPEC supply hub.

As the Middle East crisis continues to disrupt the Strait of Hormuz—a chokepoint handling roughly 20% of global oil flows—Latin America has emerged as a critical safe-haven for energy diversification.

At present, the global energy landscape remains defined by the devastating aftermath of the Iran war.